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Report on price hike

Write a report on price hike.

 

Essentials  Prices  Soaring Again

Sylhet, 25 February ,2021

Staff Correspondent

The prices of essentials are skyrocketing again after a short break of two weeks at the kitchen markets in Sylhet. .During a visit to a number of kitchen markets yesterday, it was found that prices of almost all commodities increased by Tk 5 to Tk 10.

Coarse rice sold at Tk 50 per kilogram last week. Now it sells at Tk 60 a kg. Edible oil  was Tk 80 a litre two weeks ago. The price now stands at Tk 90 per litre. Similarly, prices of flour, sugar, pulse, vegetables, fish and other commodities also increased. The sudden increase without any apparent reason has put a huge pressure on the fixed income group. A customer at a grocer's said if the prices continue to increase, they will have to cut a meal off their diet plan. Most of the people coming to different bazaars expressed dissatisfaction. They also demanded immediate action by the government to reign in soaring prices.

The deputy commissioner of Sylhet said there is no reason for price hike at this season. He said they are monitoring the markets and would take stern action if any dishonest businessman is found responsible for the price hike.